CarMax announces it is partnering with UVeye on automated vehicle assessment technology through AI-enhanced condition reports for wholesale buyers of vehicles sold at auction. UVeye is a computer vision tech company that develops automated inspection systems for vehicles, powered by artificial intelligence and proprietary hardware. "CarMax’s purpose is to drive integrity by being honest and transparent in every interaction. Our partnership with UVeye allows us to further this mission by providing dealers with highly detailed imagery on auction vehicles online," said Dave Unice, VP of Merchandising Operations. "We’ve been impressed with UVeye’s technology, and we believe it will help us maximize efficiencies in our wholesale auction process. We look forward to further implementing this best-in-class solution across our network and exploring new opportunities and potential uses with UVeye," added Unice.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on KMX:
- CarMax Partners with AI Technology Company UVeye on Vehicle Assessment Technology for Wholesale Vehicles
- OpCo says CarMax strength follows suggestion company could be activist target
- CarMax launches online pre-qualification capability
- CarMax Launches New Online Pre-Qualification Capability Where Customers Can Shop Cars Nationwide with Personalized Financing Terms
- AutoNation downgraded to Underweight from Equal Weight at Morgan Stanley
